Posted on 11/17/2023 5:54:39 AM PST by Red Badger
President Joe Biden suggested Thursday that Americans who are unhappy with the economy are experiencing a “disconnect.”
Biden touted a variety of economic statistics during a speech at the Asia-Pacific Economic Cooperation (APEC) summit on Thursday, before acknowledging that the American people feel a “disconnect” between the “numbers, and how people feel about their place in the world right now.” As Biden and his administration continue to insist “Bidenomics” is a success, 61% of Americans are living paycheck-to-paycheck and 75% of U.S. adults think the economy is in a “fair” or “poor” state.
“The last quarter the American economy grew 4.9%. The highest growth rate in two years,” Biden said during his Thursday speech. “More people in the United States are in the workforce today than any time in American history. Unemployment has been under 4% for 21 straight months. Inflation has come down by 65%, and more to do. I mean, we know have lowest inflation — lowest inflation rate of any advanced economy in the world. Meanwhile, median household wealth has grown by 37% in real terms since before the pandemic.”
Despite Biden’s repeated touting of the economy, the American people are not viewing this situation the same way. Sixteen percent of Americans believe the economy is getting better while 56% of U.S. adults say the economy is getting worse, according to a September YouGov Poll.
“I acknowledge there’s a disconnect between the numbers, and how people feel about their place in the world right now,” Biden continued during the speech.
“We can deal with the second part as well,” Biden added. “We still have work to do.”
For the last several months, Democrats have been raising concerns that the White House’s “Bidenomics” push is not landing with the American people, according to a Politico report. Democrats have voiced concerns that while the White House cites low unemployment rates and lower inflation, the American people who are still struggling financially may be turned off by the “Bidenomics” branding.
Throughout September and October, top Biden allies reportedly met with the Progressive Change Campaign Committee (PCCC) who presented data that the “Bidenomics” branding is not convincing the American people that the economy is on the mend, Politico reported. PCCC reportedly presented a poll to the White House that showed just 35% of Americans trusted Democrats over Republicans on economic issues while seven out of 10 Americans did not believe the economy was improving, despite being told that unemployment was at record lows and that inflation was easing.
“We’re working every day to show the American people what President Biden and Congressional Democrats have delivered,” White House spokesperson Michael Kikukawa told Politico. “We will continue reaching out to the portion of Americans who are not yet aware of those incredibly popular accomplishments.”
He would know about being disconnected from reality. Or would he even realize it?
Oh, there’s a “disconnect”, alright. Good grief. Bad enough Biden is senile fool. But he’s also spend his entire adult life in DC. He has no clue what life is like for normal, working Americans. Things are not good for them now because of HIS policies.
Staff keep him in a bubble
He only knows what they let him know
The grocery cart tells the story“
It does. I see seniors in the grocery store with a calculator trying to work out what can they buy on their grocery list. Meanwhile The treasonous pricks in MSM let Biden remove food and energy from the figures
That’s correct.
Biden the man child gives another report on reality he’s never lived in the real world in his life.
His stories prove it
That whole damned family is screwed up
Ping.
"Biden Suggests Americans Unhappy With The Economy Are ‘Disconnected’ From Reality"
FR: Never Accept the Premise of Your Opponent’s Argument
From related thread...
Regarding strength of economy, I'm inclined to trust the Walmart economic barometer instead of Biden Administration.
"all the free covid money has been spent, credit card debt maxed out and the bills are coming due." —TexasFreeper2009 (11.16.23)
Biden is right. The deep state and Washington, DC beltway crowd has never had it so good. That’s the only reality that Biden cares about.
Or my lying wallet.
Prices are up 20% to 35% under this bastard’s economy.
He set out to destroy the energy industry with his unworkable unicorn-powered green wet dream and that was a major cause of his failure.
He’s allowed thousands or tens of thousands of terrorists to flood the country and build sleeper cells.
He’s destroyed our cities and made them hellholes.
People resent the fact he stole his election. People KNOW he did.
He has led the Biden Crime Syndicate for 50 years and amassed four mansions in “public service.”
He’s a doddering old fool.
What’s not to like?
If he wants to see someone “disconnected from reality” all he has to do is look in a mirror.
“American people feel a “disconnect” between the “numbers”
pretty much anyone paying attention knows that the “numbers” have been massaged to the point that the numbers are disconnected from reality ... ironically, the fascists that massaged the number in the first place are practically the only ones that actually believe the numbers represent reality ... isn’t that the way it always is?
Fox News Poll: 78% rate economy negatively, and majority says worst isn’t over......well there ya go Joey......suck on that
And the other 22% are hedge fund managers shorting the bond market....lol
“Perception is reality.” - George Stephanopoulos........
LOL - yes, I saw him on Newsmax, with his evil, black, beady eyes, hissing his lies.
Anybody who takes that vile old fool seriously needs to have his head examined.
Is the disconnect that when you have millions and tens of millions of dollars coming in from foreign countries you don’t understand or care how inflation hurts average people?
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